Tri-County Economic Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,051,022 | 2,002,709 | 48,313 | 14.5 | 29% |
| 2012 | 2,140,883 | 2,046,408 | 94,475 | 14.7 | 29% |
| 2013 | 2,044,590 | 2,135,710 | −91,120 | 13.6 | 38% |
| 2014 | 2,126,361 | 1,867,031 | 259,330 | 17.2 | 39% |
| 2015 | 2,155,865 | 1,864,708 | 291,157 | 19.1 | 43% |
| 2016 | 2,066,843 | 1,908,557 | 158,286 | 19.7 | 43% |
| 2017 | 2,282,075 | 2,366,799 | −84,724 | 15.4 | 37% |
| 2018 | 2,411,945 | 2,368,321 | 43,624 | 15.6 | 40% |
| 2019 | 3,570,200 | 3,167,488 | 402,712 | 13.2 | 28% |
| 2020 | 2,157,929 | 2,361,433 | −203,504 | 16.7 | 47% |
| 2021 | 1,412,054 | 2,028,753 | −616,699 | 15.8 | 52% |
| 2022 | 3,157,156 | 2,381,999 | 775,157 | 17.3 | 46% |
| 2023 | 3,967,048 | 2,368,189 | 1,598,859 | 25.7 | 44% |
In its most recent public year (2023), this organization brought in $1,598,859 more than it spent. Its reserves stood at about 25.7 months of spending, up from 14.5 in 2011. Staff pay was 44% of spending. $637,072 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Tri-County Economic Development Corporation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works